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All vaultsThis is my vault, register it
Due-diligence report: complete, dated, with a digest anybody can check
Taking money
—
TVL
$302.8k
Return
0.7%
over its recorded history, partly reconstructed
The venue advertises
11.9%
the share price is posted at settlement: 11.7% a year over the 15 days its last posting covers. Over 30 days it reads 5.7%, which treats those 15 days as 30, so no verdict is drawn
Performance
Recent
0.5% · —
30d · 90d
Max drawdown
0.0%
peak to trough
Sortino
—
return per unit of downside risk
Volatility
1.6%
0.0% of it downside
The record behind these figures
History
44d
over 265 readings from one source. The record below is longer: 273 readings in total (266 watched, 7 reconstructed), and the metrics use one source family rather than mixing them.
Record begins
2026-09-14
the day this vault began has not been read, so how much of its life the record misses cannot be said
Record rests on
Grade B
The whole record is grade B.
Confidence
12%
in these metrics
Six risks, read separately
The same six across every vault we scoreSix risks, read separately
Strategy risk band High
SEVERE liquidity and concentration risk on this vault, against an overall band of high.
How this is read
Due-diligence report
- Complete: the sections withheld online
- Issued: a digest anybody can check with us
- Dated: every figure with when it was read
- Portable: one file for a committee or a file
This vault's size is proved against its own contract
The contract holds 303,072.03 USDC, read from the chain by its token. At the price we publish that is $302.9k, against the $302.9k shown above.
How this is read
Only half of this is ours. The quantity comes from the contract and can be checked by anybody; the price comes from defillama:coins, so a wrong price would move both figures together and this would still agree.
The advertised rate has been moving
Over 40 daily readings it has ranged from 6.65% to 13.67%, averaging 12.26%. The tile above shows today’s quote alone.
How this is read
40 readings is 40 days, not a year: all recorded by us, which we began on 2026-09-19. The window grows with the record rather than standing in for a longer one.
Much of this vault is held by people who are also in others
100.0% of the capital we can attribute here, or $302.8k, belongs to 3 addresses that also hold an open vault elsewhere, the deepest of them in 47. They can leave all of them on the same morning.
How this is read
The concentration figure further down is about this vault alone and cannot see this. Dollars are each holder’s share of supply times the vault’s size, so this inherits both readings.
How much could leave, by amount
Your position
Pick or type an amount to weigh it against both: what the venue says could leave now, and the largest single withdrawal anybody has made here.
How you get outRequest, then waitread 2026-10-25
Getting out is a REQUEST, not a withdrawal: the contract takes an ERC-7540 redeem request and pays it when it settles.
How this is read
It names no period, so how long settlement takes is the operator’s to decide and we cannot read it. The contract will also tell you where you stand: it answers what of yours is still pending and what has settled and is waiting to be claimed. A liquidity figure does not answer this question.
The exit is read, and not on this contract. Leaving here is request-and-claim, so the selector that reports withdrawable capacity answers a different question: what a SETTLED request has set aside for one holder, not what the vault could pay. The constraint on getting out is the queue and the wait rather than a capacity figure, which is read under `exitPhases`.
Value and drawdown
This chart shows the last 30 days of a 44 day record; the whole-record figures on this page are measured over all of it, and the 30, 90 and 365-day figures over their own windows, dated below. The rest is the Analyst tierRange
Hover for values. Upper: vault value, with BTC indexed to the same starting capital. Lower: how far below its own peak it was.
The rate, and the seven things that qualify it
A quoted rate is one input, not a verdict.
- Current quoted rate
- 11.9%
- Rewards inside that rate
- 0.0%of it is a reward rate
- Realised return
- 5.7%over 30 days
- Fee basis
- Inside the share price
- Withdrawable now
- The venue publishes no withdrawable figure, so no amount is claimed either way.
- History quality
- 159readings
- What it depends on
- 48risk score
How these are read
Share price and yield
Realised yield is the share price's own 30-day return, annualised, with no smoothing.Range
What one share is worth, in 9SICUSDC.
How this is read
It moves only when the strategy earns or loses; deposits do not move it.
Realised, trailing 30dAdvertised, recorded by us
Range
Solid: what a holder got.
How this is read
Dashed: what the venue advertised, all recorded by us, which we began on 2026-09-19.
If you had deposited
$10.0k would be $10.0k , a gain of $46.74, 0.5% over 30 days.
How this is read
Computed from the price of one share, so another depositor arriving is never counted as this strategy’s performance. Fees the venue charges inside the share price are included; anything charged outside it is not. It says what this vault did between two dates and nothing whatever about what it will do next.
No strategy has been declared for this vault
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Evidence
What a risk decision about this vault can rest on
Six questions, and what we hold for each. 1 of 6 is not measured for this vault.
| Source mark | Question | What we hold | Source |
|---|---|---|---|
| What does it hold or lend into? | 9SICUSDCThe venue names a deposit asset. What the vault actually holds behind it has not been read. | Declared | |
| How much could leave now? | $24.87 idle, by request onlyOnly the unlent part is known, and here it is not a door at all: leaving this vault means filing a request and waiting for it to be settled, so this is what a request would be settled from rather than an amount anybody can take today. | Inferred | |
| Who runs it, and what else have they run? |
Passport
Identity
Vault contract0x6a39fe46…4a78a7b2
NetworkEthereum
Platform
Lagoon
Operator
Lagoon
Deposit asset9SICUSDC
Created on-chain—
First observed by us2026-09-14
What the manager moved
read 28 October 2026, over 30 days1 transaction moved assets on the vault’s own account, across 1 token.
Counted as manager activity because the transaction carried neither a deposit nor a withdrawal. 0 further transfers travelled with somebody’s own money and are not counted here. A transfer is not a trade: this says the contract acted, not that it acted well.
Who is in it, and what moved in and out
Ledger read 46 minutes agoAnalyst tier
Who is in this vault, and what moved in and out
Locked here: every depositor we read with their share of the vault, the largest single wallet, and the ledger of each deposit and withdrawal. A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it.
See what unlocksAlready a customer? Sign inWhat is still missing
What this page cannot show yet, and why.
What they are
- Operator cohort. We show what the venue still exposes; strategies deleted before we began observing are invisible, and only pre-registration can make a cohort provably complete.
- Gross-to-net waterfall. Returns are venue-reported and not yet decomposed into fees, funding and slippage.
- Off-chain exposure. Anything held on a centralised exchange is invisible to us, so the risk shown is a floor.